Snow-Ski Equipment Price in Hong Kong SAR - 2023
Contents:
- Snow-Ski Equipment Price in Hong Kong SAR (FOB) - 2022
- Snow-Ski Equipment Price in Hong Kong SAR (CIF) - 2023
- Snow-Ski Equipment Exports in Hong Kong SAR
- Snow-Ski Equipment Imports in Hong Kong SAR
Snow-Ski Equipment Price in Hong Kong SAR (FOB) - 2022
The average snow-ski equipment export price stood at $12 per unit in 2022, increasing by 24% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $13 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($17 per unit), while the average price for exports to Canada ($6.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Snow-Ski Equipment Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average snow-ski equipment import price amounted to $4.2 per unit, dropping by -56.1% against the previous month. In general, the import price showed a sharp curtailment. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 328% month-to-month. Over the period under review, average import prices reached the peak figure at $66.3 per unit in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -1.7% per month.
Snow-Ski Equipment Exports in Hong Kong SAR
In 2022, snow-ski equipment exports from Hong Kong SAR shrank sharply to 151K units, waning by -80.8% against 2021 figures. In general, exports showed a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year. As a result, the exports attained the peak of 786K units, and then declined rapidly in the following year.
In value terms, snow-ski equipment exports shrank markedly to $1.7M in 2022. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports reached the peak of $7.3M, and then reduced rapidly in the following year.
| Export of Snow-Ski Equipment in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 960 | 875 | 2,301 | 808 | -5.6% |
| United States | 1,687 | 1,468 | 2,158 | 488 | -33.9% |
| Austria | 389 | 181 | 734 | 244 | -14.4% |
| Japan | 933 | 773 | 854 | 39.5 | -65.1% |
| France | 597 | 301 | 77.4 | 24.6 | -65.5% |
| Canada | 419 | 496 | 814 | 2.0 | -83.2% |
| Others | 889 | 231 | 353 | 134 | -46.8% |
| Total | 5,873 | 4,325 | 7,292 | 1,741 | -33.3% |
Top Export Markets for Snow-Ski Equipment from Hong Kong SAR in 2022:
- China (77.3K units)
- United States (48.0K units)
- Austria (14.3K units)
- Japan (4.4K units)
- France (2.6K units)
- Canada (0.3K units)
Snow-Ski Equipment Imports in Hong Kong SAR
Snow-ski equipment imports into Hong Kong SAR dropped rapidly to 137K units in 2022, falling by -79.2% on the previous year. Over the period under review, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of 656K units, and then declined significantly in the following year.
In value terms, snow-ski equipment imports plummeted to $1.8M in 2022. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports reached the peak of $7M, and then declined significantly in the following year.
| Import of Snow-Ski Equipment in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,193 | 3,150 | 5,078 | 617 | -47.2% |
| Germany | 47.6 | 40.4 | 53.4 | 199 | 61.1% |
| Taiwan (Chinese) | 476 | 411 | 519 | 180 | -27.7% |
| United States | 91.9 | 19.9 | 256 | 176 | 24.2% |
| United Arab Emirates | N/A | N/A | N/A | 45.9 | 0% |
| Austria | 130 | 270 | 599 | 6.8 | -62.6% |
| Others | 223 | 323 | 480 | 614 | 40.2% |
| Total | 5,161 | 4,214 | 6,986 | 1,839 | -29.1% |
Top Suppliers of Snow-Ski Equipment to Hong Kong SAR in 2022:
- China (94.2K units)
- Taiwan (Chinese) (22.8K units)
- United States (7.2K units)
- United Arab Emirates (3.2K units)
- Germany (2.5K units)
- Austria (0.1K units)
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